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CRA Reform: What it may mean to the Affordable Housing Industry

The new rule could leave developers looking for new funding sources and residents with even less affordable housing inventory. The proposed rule broadens the definition of what finance activities qualify as a community benefit. It also streamlines the new performance metric, which may not reflect the true investment in low- and moderate-income communities. The public comment period closes March 09, 2020.

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Founded in 1997, the Texas Affiliation of Affordable Housing Providers (TAAHP) is a non-profit trade association serving as the primary advocate and leading resource for the affordable housing industry in Texas. Our vision is to inspire and engage our members and stakeholders to end the affordable housing crisis in Texas.

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221 E. 9th Street, Suite 408
Austin, TX 78701

TAAHP

TAAHP

Phone: 512-476-9901 | Email: info@taahp.org

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